NOT LISTED FOR SALE

Estimated Value: $4,760,000 - $5,946,900

4 Beds
3.5 Baths
4,476 Sq Ft
$1,215/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $2,725,000 $609 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $31,558/month

360 Days on Market

Highlights

  • Art Studio
  • Reverse Osmosis System
  • Mountain View
  • Cold Spring Elementary School Rated A+
  • Fruit Trees
  • Multiple Fireplaces

About This Home

As of March 2016

Gorgeous gated Tuscan villa with privacy and wonderful mountain views. Built in 2000, this 4,000+ sf home offers four bedrooms, all with lovely views, grand two-story entry with curved marble staircase, gourmet granite and stainless kitchen, formal dining and living room, den, library, and charming loggia, all in a magnificent setting of manicured gardens, gravel walkways and patios.

Last Agent to Sell the Property

Gary Goldberg

Coastal Properties License #01172139 Listed on: 02/27/2015

Last Buyer's Agent

David Back

David Back License #01115682

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 1 Acre Lot
  • Gated Home
  • Lot Sloped Up
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,476 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Multiple Fireplaces
  • Formal Dining Room
  • Library
  • Art Studio
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Uncovered Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Additional Features

  • Property is near schools and shops
  • Forced Air Heating System

Community Details

  • Montecito Hills Community

Listing and Financial Details

  • Assessor Parcel Number 013-170-030

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

1 Acres

Listing Details

  • Prop. Type: Residential
  • Year Built: 2000
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Sloped Up
  • ResoSecurityFeatures: Gate:Elec, Security System, Smoke Detector(s)
  • Architectural Style: Medit
  • Reso Flooring: Hardwood, Marble, Stone
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Work Shop
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2000
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Marble2: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Art Studio2: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s):_two_4: Yes
  • FlrWdw Coverings Stone2: Yes
  • Other Buildings Work Shop2: Yes
  • Location Info Development Name: Montecito Hills
  • Roof:Tile2: Yes
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • Rooms Patio Enclosed2: Yes
  • LocationTopo Upslope2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Double Oven, Dryer, Gas Stove, Microwave, Rev Osmosis, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 2+
  • Total Bedrooms: 7
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s)
  • Construction Type: Stucco
  • Acres: 1.0
  • Topography: Upslope
  • Exterior Features: Patio Open, Patio Covered, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Unc #4

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 013-170-030
  • Zoning: R-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2022
Sold by
Jensen Gregory M and Jensen Crystal S
Bought by
Gregory And Crystal Jensen Family Trust
Current Estimated Value
$5,437,975

Purchase Details

Listed on
Feb 27, 2015
Closed on
Mar 14, 2016
Sold by
Sherby Thomas A
Bought by
Jensen Gregory M and Jensen Crystal S
Seller's Agent
Gary Goldberg
Coastal Properties
Buyer's Agent
David Back
David Back
List Price
$3,350,000
Sold Price
$2,725,000
Premium/Discount to List
-$625,000
-18.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$2,043,750
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2010
Sold by
Sherby Thomas A and Hansen Greta L
Bought by
Sherby Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,296,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2009
Sold by
Sherby Thomas A and Hansen Greta L
Bought by
Sherby Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,308,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2006
Sold by
The Sherby Family Trust
Bought by
Hansen Greta

Purchase Details

Closed on
Jun 16, 2005
Sold by
Sherby Thomas A
Bought by
The Sherby Family Trust

Purchase Details

Closed on
Feb 26, 2004
Sold by
Shannon Travis Sherwood and Shannon Tracy Lynn
Bought by
Sherby Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 1999
Sold by
Snyder Rick D
Bought by
Shannon Travis Sherwood and Shannon Tracy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 8, 1998
Sold by
Mcgee Rick A and Mcgee Joy F
Bought by
Snyder Rick D

Purchase Details

Closed on
Jan 8, 1997
Sold by
Martin Jonathan D and Martin David R
Bought by
Mcgee Rick A and Mcgee Joy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gregory And Crystal Jensen Family Trust -- Allen & Kimbell Llp
Jensen Gregory M $2,725,000 Fidelity National Title Co
Sherby Thomas A -- Accommodation
Sherby Thomas A -- Fidelity National Title Co
Sherby Thomas A -- Fidelity Title
Sherby Thomas A -- Fidelity National Title Co
Hansen Greta -- None Available
The Sherby Family Trust -- --
Sherby Thomas A -- Lawyers Title Company
Shannon Travis Sherwood -- Chicago Title Co
Snyder Rick D -- Chicago Title Co
Mcgee Rick A $380,000 First American Title
Martin Jonathan D -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jensen Gregory M $2,043,750
Previous Owner Sherby Thomas A $1,296,000
Previous Owner Sherby Thomas A $1,308,000
Previous Owner Sherby Thomas A $1,300,000
Previous Owner Shannon Travis Sherwood $650,000
Previous Owner Mcgee Rick A $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2016 03/25/16 Sold $2,725,000 -18.7% $609 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
02/27/2015 02/27/15 For Sale $3,350,000 -- $748 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $39,166 $3,680,463 $1,237,915 $2,442,548
2023 $39,166 $3,537,548 $1,189,847 $2,347,701
2022 $37,809 $3,468,185 $1,166,517 $2,301,668
2021 $34,686 $3,175,183 $1,113,645 $2,061,538
2020 $32,555 $2,992,626 $1,092,432 $1,900,194
2019 $31,691 $2,891,791 $1,061,208 $1,830,583
2018 $31,130 $2,835,090 $1,040,400 $1,794,690
2017 $30,529 $2,779,500 $1,020,000 $1,759,500
2016 $40,175 $3,753,193 $1,740,306 $2,012,887
2015 $39,543 $3,696,817 $1,714,165 $1,982,652
2014 $38,920 $3,624,402 $1,680,587 $1,943,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-629

Santa Barbara Multiple Listing Service

APN: 013-170-030

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